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4 Reasons NOT to Get a Payday Loan

Debt Guru

Payday loan [p?-?d? n]: A financially detrimental debt arrangement that only benefits the lender. A payday loan is short-term credit based on a borrower’s income and credit profile. Why Should You Avoid Payday Loans? It’s no wonder these are considered predatory loans. That’s a whopping 613% APR.

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The Best Debt Consolidation Loans

Better Credit Blog

Even just one outstanding debt is a headache that can drag down your credit rating and make it tough to get a loan for a home or a car. Having several outstanding loans is even worse, as it can be difficult to keep track of payments and due dates, which makes it easier to miss a payment and thus damage your score even further.

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The Best Debt Consolidation Loans

Better Credit Blog

Even just one outstanding debt is a headache that can drag down your credit rating and make it tough to get a loan for a home or a car. Having several outstanding loans is even worse, as it can be difficult to keep track of payments and due dates, which makes it easier to miss a payment and thus damage your score even further.

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8 Ways to Consolidate Credit Card Debt 

Credit Corp

Key takeaways: Credit card consolidation involves combining multiple credit card balances into one. Types of credit card consolidation include credit card consolidation loans, balance transfer credit cards, home equity loans, HELOCs, retirement loans, cash-out auto refinance, family loans, and debt management plans.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

While many Buy Now, Pay Later borrowers use the product without noticeable indications of financial stress, the report finds that Buy Now, Pay Later borrowers will more likely become active users of other types of credit products like credit cards, personal loans, and student loans. For more information, click here.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

While many Buy Now, Pay Later borrowers use the product without noticeable indications of financial stress, the report finds that Buy Now, Pay Later borrowers will more likely become active users of other types of credit products like credit cards, personal loans, and student loans. For more information, click here.

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An In-Depth Guide to Bank Account Garnishment in Texas and How to Avoid It

Debt RR

Business debt, whether from small business loans, corporate credit cards, or federal and state taxes, can be a challenge to manage. And if the debt remains unpaid for too long, it can exacerbate the situation for many business owners and finance managers. Student loans. Student loan disbursements.